There is a new developer mood index. Almost 80 percent companies do not plan to change the prices of apartments

Almost 80 percent Developers believe that housing prices will not change, and 14 percent It provides for their growth – according to the developers' mood index published on Monday. It has been added that nearly 65 percent companies expect an increase in the sales rate of premises.

From the August reading of the mood index of developers carried out by TabelaFert.pl, it shows that 78.4 percent are not planned to change the prices of apartments. developers, 14 percent provides for price increases, and 7.6 percent – their decline.

The report published by the portal pointed out that people interested in buying apartments have different expectations. 58.8 percent When asked about this, they admitted that they were counting on price drops.

The authors of the report said that 65.3 percent expect an increase in sales rate. development companies, and 32.4 percent believes that it will remain unchanged; 2.4 percent provides for a decrease in the sale of real estate. It has been added that this is a diametrical change, because over the past five months every third developer has been counting on sales, and every fifth he expected declines. Experts assessed that this is the greatest leap of developers optimism in the history of this study, which – according to the analysts of the portal – is a prelude to price increase.

“The source of this sudden optimism are primarily expected further interest rates and lower mortgage costs. They can become an impulse to return customers to the market,” assessed the vice president of the Tableofert.pl portal Robert Chojnacki, quoted in the publication.

The index of changes in the pace of apartments prepared by the portal increased from 0.17 in July to 0.63 in August. This change – as the authors of the report assessed – means that developers commonly expect to improve the economic situation, measured by the level of sales rate of apartments. The second of the indexes studied – changes in housing prices – remained practically unchanged, growing from 0.03 to 0.06. (PAP)

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